A forward recursive algorithm for inventory lot-size models with power-form demand and shortages.

Hui-Ling Yang Jinn-Tsair Teng Maw-Sheng Chern

Published in: Eur. J. Oper. Res. (2002)

Keyphrases

lot size
recursive algorithm
lead time
planning horizon
production cost
total cost
lot sizing
production planning
inventory costs
supply chain
finite horizon
infinite horizon
setup cost
production process
multi item
inventory systems
machine learning
production system
multistage
complex systems
model selection